KR Electrics: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
KR Electrics
Largest movements
- Stocks and contracts +€41,291
up €41,291 (+54.8%), from €75,326 to €116,617
of which Stocks: +€23,458
- Receivables within one year +€24,791
up €24,791 (+112.9%), from €21,964 to €46,756
of which Other amounts receivable: +€12,622
- Tangible fixed assets +€5,761
up €5,761 (+49.9%), from €11,549 to €17,310
of which Furniture and vehicles: +€5,369
- Cash +€3,147
up €3,147 (+37.5%), from €8,401 to €11,547
mainly Trade debts (+€42,883) and Net result for the year (+€31,066)
- Trade debts +€42,883
up €42,883 (+413.0%), from €10,383 to €53,266
- Profit (loss) carried forward +€31,066
up €31,066 (+41.4%), from -€75,099 to -€44,034
- Other debts +€2,700
up €2,700 (+12.1%), from €22,250 to €24,950
- Gross operating margin +€21,120
up €21,120 (+113.2%), from €18,663 to €39,782
- Depreciation +€1,026
up €1,026 (+16.5%), from €6,201 to €7,227
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,436 | €197,844 | +€75,408 | +61.6% |
| Fixed assets | 21/28 | €13,319 | €19,080 | +€5,761 | +43.3% |
| Tangible fixed assets | 22/27 | €11,549 | €17,310 | +€5,761 | +49.9% |
| Land and buildings | 22 | €1,609 | €1,106 | -€503 | -31.3% |
| Plant, machinery and equipment | 23 | €3,421 | €4,316 | +€895 | +26.2% |
| Furniture and vehicles | 24 | €6,519 | €11,888 | +€5,369 | +82.4% |
| Financial fixed assets | 28 | €1,770 | €1,770 | = | 0.0% |
| Current assets | 29/58 | €109,117 | €178,764 | +€69,647 | +63.8% |
| Stocks and contracts in progress | 3 | €75,326 | €116,617 | +€41,291 | +54.8% |
| Stocks | 30/36 | - | €23,458 | +€23,458 | |
| Contracts in progress | 37 | €75,326 | €93,159 | +€17,833 | +23.7% |
| Amounts receivable within one year | 40/41 | €21,964 | €46,756 | +€24,791 | +112.9% |
| Trade receivables | 40 | €16,378 | €28,547 | +€12,169 | +74.3% |
| Other amounts receivable | 41 | €5,586 | €18,208 | +€12,622 | +225.9% |
| Cash at bank and in hand | 54/58 | €8,401 | €11,547 | +€3,147 | +37.5% |
| Deferred charges and accrued income | 490/1 | €3,426 | €3,844 | +€418 | +12.2% |
| Total equity and liabilities | 10/49 | €122,436 | €197,844 | +€75,408 | +61.6% |
| Equity | 10/15 | €85,562 | €116,627 | +€31,066 | +36.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €159,661 | €159,661 | = | 0.0% |
| Distributable reserves | 133 | €159,661 | €159,661 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,099 | -€44,034 | +€31,066 | +41.4% |
| Amounts payable | 17/49 | €36,874 | €81,216 | +€44,342 | +120.3% |
| Amounts payable within one year | 42/48 | €35,633 | €81,216 | +€45,583 | +127.9% |
| Current portion of amounts payable after more than one year | 42 | €3,000 | €3,000 | = | 0.0% |
| Trade debts | 44 | €10,383 | €53,266 | +€42,883 | +413.0% |
| Suppliers | 440/4 | €10,383 | €53,266 | +€42,883 | +413.0% |
| Other amounts payable | 47/48 | €22,250 | €24,950 | +€2,700 | +12.1% |
| Accrued charges and deferred income | 492/3 | €1,241 | - | -€1,241 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,201 | €7,227 | +€1,026 | +16.5% |
| Other operating charges | 640/8 | €789 | €1,115 | +€326 | +41.4% |
| Gross operating margin | 9900 | €18,663 | €39,782 | +€21,120 | +113.2% |
| Operating profit (loss) | 9901 | €11,673 | €31,440 | +€19,767 | +169.3% |
| Financial income | 75/76B | €65 | €280 | +€215 | +331.7% |
| Recurring financial income | 75 | €65 | €280 | +€215 | +331.7% |
| Financial charges | 65/66B | €538 | €403 | -€135 | -25.1% |
| Recurring financial charges | 65 | €538 | €403 | -€135 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €11,200 | €31,316 | +€20,117 | +179.6% |
| Income taxes | 67/77 | €383 | €251 | -€132 | -34.6% |
| Profit (loss) for the period | 9904 | €10,816 | €31,066 | +€20,249 | +187.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,816 | €31,066 | +€20,249 | +187.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.